7, RUSSET ROAD, CHELTENHAM, GL51 7LN - £265,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 RUSSET ROAD is a midsized extended detached house of 122m², built sometime between 1950 and 1966. It was last sold for £265,000 in September 2021, which was around 51% below the average September 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

7 RUSSET ROAD Sold Prices

Land registry data shows three sales for 7 RUSSET ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the three 7 RUSSET ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 28 SEP	£265,000	£537,842	51% below HPI
2000 6 OCT	£100,000	£184,703	46% below HPI
1996 13 JUN	£78,000	£104,719	26% below HPI

7 RUSSET ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 7 RUSSET ROAD sales between June 1996 and September 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2000 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2021 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 7 RUSSET ROAD?

7 RUSSET ROAD is 122m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 7 RUSSET ROAD lies on this distribution: 47% of detached houses are smaller than 7 RUSSET ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

7 RUSSET ROAD: Plot and Title Map

7 RUSSET ROAD sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 7 RUSSET ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 RUSSET ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 RUSSET ROAD?

7 RUSSET ROAD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 7 on RUSSET ROAD.